13-15 Deangelo Dr Bedford, MA 01730
Thriving suburban lab cluster near major life science tenants.
Property Features for 13-15 Deangelo Dr
General Information
- Standard status
- Active
- Size
- 31,000 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1975
Listing office The Stubblebine Company (781) 862-6168
Listing date Jul 24, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Stubblebine Company
Investment Insights
Based on property information with market context.
Key Highlights
- Located in a booming suburban life science market influenced by Boston and Cambridge educational hubs.
- Surrounded by blue‑chip life science tenants like ThermoFisher and Millipore Sigma.
- Over $4.7M invested since 2015 in lab area improvements and new lab space construction.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $498.5k | $16.08 |
| − Vacancy | −$27.4k | −$0.88 |
| EGI | $471.1k | $15.20 |
| − OpEx | −$141.3k | −$4.56 |
| NOI | $329.7k | $10.64 |